Market Overview - Page 401

While Donald Trump insists everything is fine in the United States, the Federal Reserve made an extraordinary move to implement an emergency interest rate cut and pump a colossal amount of cash into the repo market. The FOMC has almost.

The energy alliance between Saudi Arabia and Russia will likely come under intense scrutiny this week, as delegates from some of the world’s most powerful oil-producing nations discuss how best to cushion the impact of the coronavirus outbreak. OPEC and.

Around half of young people across Africa said that if they were offered $100, they would use it to start a business, a survey has shown. This entrepreneurial spirit was revealed in a study by the Ichikowitz Family Foundation charity,.

Shares of Tesla Inc. shot higher Monday, putting them on track to snap a sharp 5-day selloff, but Morgan Stanley analyst Adam Jonas suggested it was still too early for investors to jump in. Jonas reiterated the underweight rating he’s.

The European Central Bank will respond to the Federal Reserve’s “decisive” interest rate cut with easing of its own, according to Commerzbank AG. With the outlook deteriorating, officials in Frankfurt are likely to cut the deposit rate by 10 basis.

Famed economist Nouriel Roubini is known for making gloomy predictions that often come true. He was warning the markets of an impending recession in 2006, and it came true shortly thereafter in the form of the subprime mortgage crisis. Labeled.

Fears that the coronavirus may trigger a global downturn will hit emerging market currencies harder than developed markets in the near term as the disease spreads more rapidly outside China, a Reuters poll found. The polling was conducted before the.

So bitcoin’s a currency, right? Well, yes, it can be used to buy, sell and price goods much like dollars and euros. A commodity? Come to think of it, it does behave a lot like oil and gold – it.

The Dow Jones just printed its biggest one-day point gain in history. The index rallied by a massive 1,294 points on Monday for a strong 5.1% gain. In terms of percentage gains, this was its best in over a decade..

The Federal Reserve announced an emergency rate cut Tuesday of half a percentage point in response to the growing economic threat from the novel coronavirus. The move was the first such cut since December 2008, during the financial crisis. It.

The US reaffirms that its economy is at the forefront of the global macroeconomic cycle. This is frightening news in the short term, as can be seen from the data published in previous days. That makes us expect with caution.

President Donald Trump once again called on the Federal Reserve to deliver some major policy easing measures, after the Australian central bank cut rates to record lows and noted the impact of the coronavirus outbreak. The Reserve Bank of Australia.